Which of the Following Is Not a Type of Primary

question 45

Multiple Choice

Which of the following is not a type of primary storage?

• A) Random access memory
• B) Registers
• C) Cache
• D) Read-only memory
• E) Optical

Understand the role of sunk costs, opportunity costs, and avoidable costs in financial decision-making.

Determine the optimal product mix in situations of limited resources using contribution margin analysis.

Assess the financial implications of discontinuing a product, segment, or department.

Apply the concepts of joint costs and the decision-making process for joint products.

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Definitions:

Analytical

Relating to or using analysis or logical reasoning for problem-solving or understanding concepts.

Practical

Concerned with the actual doing or use of something rather than with theory and ideas.

Chronological Age

The actual age of an individual or thing as measured in years from the date of birth.

Mental Age

A concept in developmental psychology that represents the cognitive ability of an individual in comparison to others of a certain chronological age.